We also chat about Uber and its quest to become an everything app. In this podcast, Motley Fool analyst Seth Jayson and host Dylan Lewis discuss: Why CVS has activists sniffing around, and how getting the insurance operations right could get the company and the stock back in motion. How interest rates are affecting the housing and auto markets, and other updates from KB Homes and CarMax. Motley Fool analyst Jason Moser and host Mary Long look at Uber, and its quest to become the everything app. To catch ful ...

Shares of CVS Health Corp (NYSE:CVS) are 3.9% higher to trade at $65.40 at last glance, after several updates for the healthcare giant. According to reports, CVS' insurance unit is facing higher-than-usual medical costs and other major issues. In response, the company is conducting a strategic review, and considering shifting from its long-held business strategy by splitting its retail pharmacy and insurance units. Amid this big news, TD Cowen upgraded CVS Health stock to "buy" from "hold" and hiked its tar ...

In this article CVS A sign outside of a CVS pharmacy store on February 07, 2024 in Miami, Florida. Joe Raedle | Getty Images It's time for a wellness check at CVS Health. Shares of the company are down more than 20% this year as it grapples with higher-than-expected medical costs in its insurance unit and pharmacy reimbursement pressure, among other issues. As it seeks to claw back faith with Wall Street, the company is considering breaking itself up. CVS has engaged advisors in a strategic review of its bu ...

The most recent trading session ended with CVS Health (CVS) standing at $62.92, reflecting a +1.09% shift from the previouse trading day's closing. The stock's change was more than the S&P 500's daily loss of 0.17%. Elsewhere, the Dow saw a downswing of 0.44%, while the tech-heavy Nasdaq depreciated by 0.04%.Shares of the drugstore chain and pharmacy benefits manager witnessed a gain of 4.96% over the previous month, trailing the performance of the Retail-Wholesale sector with its gain of 5.43% and outperfo ...

CVS Health (CVS) is mired in controversy these days. The company has been struggling with its performance for a while now, which resulted in a downside in shares. The company is once again in the headlines as it is reportedly considering a strategic restructuring of the business, which includes possible layoffs and potential breakups. More specifically, earlier this week, news surfaced that the company might consider a disintegration of its verticals, which perhaps means divestment/spin-off of its Caremark ...

For the third year, CVS Pharmacy is offering 60+ allergy-friendly treats in stores and onlineMcLEAN, Va. and WOONSOCKET, R.I., Oct. 3, 2024 /PRNewswire/ -- FARE (Food Allergy Research & Education), the leading nonprofit organization engaged in food allergy education and advocacy — and the largest provider of charitable support for food allergy research in the U.S. — is partnering with CVS Pharmacy®, a CVS Health® company (NYSE: CVS), for the third consecutive year on the Teal Pumpkin Project, a movement cre ...

In the high-stakes world of healthcare retail, CVS Health finds itself at a crossroads, navigating turbulent waters amid investor pressures and a stock price that seems to be on a downward spiral.As the pharmacy giant embarks on a strategic review, including possibly splitting its insurance and retail arms, CEO Karen S. Lynch faces the daunting task of reversing fortunes while trimming nearly 2,900 employees. With rising medical costs threatening to overshadow its insurance segment and retail sales stalling ...

In September, US companies increased hiring activity, ending a five-month slowdown in employment growth. Data from the ADP report, often called "mini non-farm payrolls," showed an increase of 143,000 jobs, surpassing economists' expectations of 125,000, while August saw the smallest gain since March 2023. Although job numbers bounced back, the three-month average fell to 119,000, the lowest since 2020.Other indicators also suggest a cooling US labor market: the unemployment rate has steadily risen in recent ...

OCEANSIDE, NEW YORK - AUGUST 23: A general view of a CVS Pharmacy store on August 23, 2024 in ... [+] Oceanside, New York. Long Island is the home for a plethora of local and national business concerns. (Photo by Bruce Bennett/Getty Images) Getty Images CVS Health stock (NYSE: CVS) currently trades at $65 per share, 37% below its pre-inflation shock high of $102 seen in February 2022. In contrast, its peer – Walgreens stock – is down 78% over this period, amid falling profitability. The decline in CVS stock ...

lThe CVS pharmacy logo is displayed on a sign above a CVS Health Corp. store in Las Vegas, Nevada on ... [+] February 7, 2024. (Photo by Patrick T. Fallon / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images)AFP via Getty ImagesGlenview Capital Management — a hedge fund that has been subject of certain media reports that it was pushing CVS Health management to break up the healthcare giant — denies it is “pushing for a break-up.”The Wall Street Journal Monday published a two-byline “exclusive” story head ...